Neway Valve (Suzhou) logo
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Neway Valve (Suzhou)SHSE:603699 Stock Report

Market Cap CN¥21.9b
Share Price
n/a
1Y107.8%
7D2.9%
Portfolio Value
​
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Neway Valve (Suzhou) Co., Ltd.

SHSE:603699 Stock Report

Market Cap: CN¥21.9b

603699 Stock Overview

Researches, develops, produces, and sells industrial valves in the People’s Republic of China and internationally. More details

603699 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance6/6
Financial Health6/6
Dividends4/6

Rewards

Price-To-Earnings ratio (22.6x) is below the CN market (35.8x)

Earnings are forecast to grow 11.95% per year

Earnings grew by 35.8% over the past year

Risk Analysis

Dividend of 2.69% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

Neway Valve (Suzhou) Co., Ltd. Competitors

SINOMACH HEAVY EQUIPMENT GROUPLTD

SHSE:601399

CN¥21.4b

Tiandi Science & TechnologyLtd

SHSE:600582

CN¥24.3b

Suzhou Kematek

SZSE:301611

CN¥26.5b

Zhejiang Changsheng Sliding Bearings

SZSE:300718

CN¥19.2b

Price History & Performance

Summary of share price highs, lows and changes for Neway Valve (Suzhou)
Historical stock prices
Current Share PriceCN¥28.24
52 Week HighCN¥28.75
52 Week LowCN¥13.38
Beta0.65
1 Month Change17.42%
3 Month Change15.12%
1 Year Change107.80%
3 Year Change152.14%
5 Year Change135.53%
Change since IPO11.44%

Recent News & Updates

There's No Escaping Neway Valve (Suzhou) Co., Ltd.'s (SHSE:603699) Muted Earnings Despite A 26% Share Price Rise

Feb 02
There's No Escaping Neway Valve (Suzhou) Co., Ltd.'s (SHSE:603699) Muted Earnings Despite A 26% Share Price Rise

Neway Valve (Suzhou) (SHSE:603699) Knows How To Allocate Capital Effectively

Dec 11
Neway Valve (Suzhou) (SHSE:603699) Knows How To Allocate Capital Effectively

Is Neway Valve (Suzhou) (SHSE:603699) Using Too Much Debt?

Oct 24
Is Neway Valve (Suzhou) (SHSE:603699) Using Too Much Debt?

Recent updates

There's No Escaping Neway Valve (Suzhou) Co., Ltd.'s (SHSE:603699) Muted Earnings Despite A 26% Share Price Rise

Feb 02
There's No Escaping Neway Valve (Suzhou) Co., Ltd.'s (SHSE:603699) Muted Earnings Despite A 26% Share Price Rise

Neway Valve (Suzhou) (SHSE:603699) Knows How To Allocate Capital Effectively

Dec 11
Neway Valve (Suzhou) (SHSE:603699) Knows How To Allocate Capital Effectively

Is Neway Valve (Suzhou) (SHSE:603699) Using Too Much Debt?

Oct 24
Is Neway Valve (Suzhou) (SHSE:603699) Using Too Much Debt?

Neway Valve (Suzhou) Co., Ltd.'s (SHSE:603699) Low P/E No Reason For Excitement

Sep 23
Neway Valve (Suzhou) Co., Ltd.'s (SHSE:603699) Low P/E No Reason For Excitement

Here's Why Neway Valve (Suzhou) (SHSE:603699) Has Caught The Eye Of Investors

Aug 19
Here's Why Neway Valve (Suzhou) (SHSE:603699) Has Caught The Eye Of Investors

Neway Valve (Suzhou) (SHSE:603699) Could Become A Multi-Bagger

Jul 25
Neway Valve (Suzhou) (SHSE:603699) Could Become A Multi-Bagger

Neway Valve (Suzhou) (SHSE:603699) Is Increasing Its Dividend To CN¥0.52

Jul 05
Neway Valve (Suzhou) (SHSE:603699) Is Increasing Its Dividend To CN¥0.52

Benign Growth For Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Underpins Its Share Price

May 30
Benign Growth For Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Underpins Its Share Price

Neway Valve (Suzhou) (SHSE:603699) Seems To Use Debt Rather Sparingly

May 13
Neway Valve (Suzhou) (SHSE:603699) Seems To Use Debt Rather Sparingly

Neway Valve (Suzhou) Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Apr 16
Neway Valve (Suzhou) Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Under The Bonnet, Neway Valve (Suzhou)'s (SHSE:603699) Returns Look Impressive

Mar 26
Under The Bonnet, Neway Valve (Suzhou)'s (SHSE:603699) Returns Look Impressive

Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Stock Catapults 27% Though Its Price And Business Still Lag The Market

Feb 29
Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Stock Catapults 27% Though Its Price And Business Still Lag The Market

Is Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Trading At A 40% Discount?

Feb 28
Is Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Trading At A 40% Discount?

Shareholder Returns

603699CN MachineryCN Market
7D2.9%3.5%1.9%
1Y107.8%26.6%17.4%

Return vs Industry: 603699 exceeded the CN Machinery industry which returned 26.6% over the past year.

Return vs Market: 603699 exceeded the CN Market which returned 17.4% over the past year.

Price Volatility

Is 603699's price volatile compared to industry and market?
603699 volatility
603699 Average Weekly Movement5.7%
Machinery Industry Average Movement6.8%
Market Average Movement6.6%
10% most volatile stocks in CN Market10.7%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 603699 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 603699's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19973,550Yinlong Fengwww.newayvalve.com

Neway Valve (Suzhou) Co., Ltd. researches, develops, produces, and sells industrial valves in the People’s Republic of China and internationally. The company provides gate, globe, and check valves, including cast steel, parallel gate, axial flow/dual plate check, and forged valves; ball valves, such as floating ball, trunnion mounted ball, double ball, and other type ball valve; and butterfly valves comprising concentric, double offset, and triple offset butterfly valves. It also offers cryogenic valves, including cryogenic gate, cryogenic globe, cryogenic check, cryogenic ball, cryogenic offset butterfly, and cryogenic control valves; on-off valves, such as electric, pneumatic, hydraulic, electro-hydraulic, and pneumatic-hydraulic valves; and power plant valve comprising nuclear and conventional power plant valves.

Neway Valve (Suzhou) Co., Ltd. Fundamentals Summary

How do Neway Valve (Suzhou)'s earnings and revenue compare to its market cap?
603699 fundamental statistics
Market capCN¥21.88b
Earnings (TTM)CN¥961.21m
Revenue (TTM)CN¥5.76b

22.6x

P/E Ratio

3.8x

P/S Ratio

Is 603699 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603699 income statement (TTM)
RevenueCN¥5.76b
Cost of RevenueCN¥3.73b
Gross ProfitCN¥2.03b
Other ExpensesCN¥1.07b
EarningsCN¥961.21m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Apr 23, 2025

Earnings per share (EPS)1.25
Gross Margin35.30%
Net Profit Margin16.69%
Debt/Equity Ratio27.2%

How did 603699 perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

71%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 10:24
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Neway Valve (Suzhou) Co., Ltd. is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jia YanChina International Capital Corporation Limited
Miao WangChina Merchants Securities Co. Ltd.
Chao LiCitic Securities Co., Ltd.